By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Gold Rises 0.6% as Dollar Dips and Fed Rate Hike Odds Fall
Gold rose 0.6% on Friday as the dollar slipped and new data made a September Fed rate hike less likely. Inflation came in as expected, and J
UAE stocks end mixed as investors look past Hormuz attacks to earnings
UAE stocks finished split on Tuesday, with Abu Dhabi flat and Dubai lower, even as state oil giant ADNOC confirmed attacks on two vessels in
Engine Capital pushes H.B. Fuller to test full sale after unit bid
Engine Capital, a 2% shareholder, wants H.B. Fuller to treat Ancora's $1.1-1.2 billion cash bid for its building adhesives unit as a startin
Asian stocks climb on cooler US inflation, but China lending data caps gains
Asian stocks mostly climbed after a cooler US producer inflation print boosted sentiment, but Hong Kong fell as weak China lending data remi
Uniqa may lift 2026 profit outlook after strong first half, Berenberg says
Berenberg forecasts Uniqa's first-half pre-tax profit at EUR315m and says a benign natural-catastrophe season could let management raise its
Nordic earnings week brings Mowi, Carlsberg and Nibe into focus
A busy week of Nordic earnings kicks off August 17, with Mowi, Carlsberg and Nibe among the names reporting. Investors will look for signs o
Nokia to close China R&D hub, cut 1,600 jobs as local sales shrink
Nokia will close its Hangzhou radio-technology R&D hub by the end of 2026, eliminating about 1,600 jobs. The move reflects shrinking sales i
Reddit joins S&P 500, index funds may buy 16.7M shares
Reddit is set to join the S&P 500 on August 14, replacing AvalonBay Communities. JPMorgan estimates index funds may need to buy about 16.7 m
Singapore shares edge up as Fed pause bets lift sentiment
Singapore's benchmark index closed higher on Friday as hopes grew that the US Federal Reserve will pause rate hikes. But earnings drove the
Hong Kong shares slip as Unitree IPO drains cash; China flat
Hong Kong shares slipped as traders kept cash on hand for Unitree's Shanghai IPO and braced for mid-year earnings. Mainland China stocks fin
Rand steady near 16.18 as softer US inflation offsets Iran risk
South Africa's rand hovered near 16.18 per dollar as softer US producer price data eased expectations of a September Fed hike. But rising US
Tata Motors shares slide as Q1 profit drops 80%, margin pressure persists
Tata Motors' shares dropped after the automaker reported an 80% fall in quarterly profit and warned that cost pressures could persist. The c